FrozenFoodsBiz BUZZ

Nichirei and Tan Bao An Logistics Announce Joint Venture in Vietnam

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Nichirei Logistics Group Inc (NLG) has signed an agreement with Hồ Chí Minh City, Vietnam-headquartered Tan Bao An Logistics Joint Stock Company (TBA) to establish a joint venture to offer cold temperature logistics services in Vietnam. TBA is the leading player in the refrigerated transport sector in country.

A new refrigerated warehouse with approximately 20,000 pallet positions (depicted in artist’s rendering above) will be built in Long Hau Industrial Park, close to both Hiep Phuoc Port and Hồ Chí Minh City (formerly known as Saigon). It is expected to be operational in 2024.

“In the future, we also aim to collaborate with our group companies in other ASEAN countries such as Thailand and Malaysia,” according to a statement issued by Nichirei Logistics Vietnam, a member of the Tokyo, Japan-headquartered Nichirei Group, which is a major producer of frozen foods as well as a cold storage warehouse operator.